HFG May 2025 Newsletter

Call the Coach!

With Chambers Plan, all plans include Business Assistance Service at no extra cost provided by their partner, Arcora. It now comes with three hours per year of leadership coaching for the business owner (or head of the organization) at a value of about $600! Arcora will match the business leader with a certified, professional coach to help the developing leader work on goals such as communication, workplace relations, time management, delegation, skill development, decision making, professional growth and leadership.

Learn the many ways that connecting with a Registered Dietician for Nutritional Guidance can support your overall health and wellness

The relationship between diet and mental health is complex. Research shows a strong link between what we eat and how we feel. Our brain works hard to take care of our thoughts, movement, breathing and our senses and requires a constant supply of fuel (food) to do that. So, what we eat directly impacts the structure and function of our brain and consequently our mood.

Payroll: The Basics You Need to Know

• Employers are required to remit payroll withholdings within strict timelines, which vary with the size of the payroll.

• The two tax authorities are the Canada Revenue Agency and Revenu Québec, depending on where the employees are located, and there are deduction responsibilities for each.

• There are many ways in which payroll withholdings can be remitted, although very large employers must remit either electronically, or through a financial institution.

Potential Canada Post Service Interruption

If you aren’t using my-benefits® right now, we encourage you and your employees to register at www.my-benefits.ca to minimize the impact of this interruption in mail services. Virtually all your plan administration and your employees’ benefits activities can be managed online through the my-benefits portal. Premiums can be set to be drawn automatically from your account, and employees can set up direct deposits for their claims to be paid online.

Part-time employees are a staple to many businesses. Now business owners can choose to include all part-timers under their Chambers Plan benefits, provided they’re permanent employees who work at least 15 hours per week.

Hynek Financial Group

5500 North Service Road, Suite 209, Burlington, ON L7L 6W6

PH: (905) 319-9999

Email: info@hfgb.ca